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Philippine Tycoon Gokongwei Eyes Put up-Pandemic Restoration with $1.3 Billion Wager on Airways, Motels and Banks
siBillionaire Lance Gokongwei is spending 73.6 billion pesos ($1.3 billion) this 12 months to organize his sprawling conglomerate to reap the rewards of a post-pandemic restoration. The JG Summit households are stepping up investments in every of its main airline, lodge and banking companies to make the most of resurgent demand within the Philippines and key markets throughout Southeast Asia. Greater than half of deliberate capital spending will go towards shopping for new plane for Cebu Air, the Philippines’ largest airline, which noticed passenger site visitors greater than quadruple final 12 months as home and worldwide journey resumed after easing of motion restrictions across the space. The remainder of the…
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Aged care services face shrinking, closing if workforce challenges not addressed
MICHAEL STANDAERT North Dakota Information Cooperative For Jill Foertsch, administrator at St. Gerards Group of Care, which operates a 33-bed long-term care facility and an 11-bed impartial residing facility in Hankinson, the prices are simply piling up. Earlier than the pandemic, Foertsch hardly ever employed touring registered nurses, licensed sensible nurses or licensed nursing assistants. Important workers reductions through the epidemic made this crucial. A CNA place that paid $33 an hour earlier than the pandemic has ballooned to $85, in line with Foertsch. An LPN that after began at $44 runs about the identical, with the best at $90 to $120 for time beyond regulation. An RN was once…